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The Decline and Fall of American Empire
A former US president was publicly tried for inciting a coup against congress by a congressional inquisition that ran a court circus that aired only the prosecution’s side. The video recordings of the monkey court were not even fully edited before his home was raided by an FBI that did its best for years to […]
James Howard Kunstler: Get Ready For Democrats’ October Surprise – Here Comes The Chaos
Satan is the father of lies and we have become Satanic, being and doing evil, most especially to ourselves. The boldness of Dr. Fauci’s lying is really something to behold. The vaccinated are by far those still getting sick and increasingly disabled from the disease and even more from the vaxxes themselves…. by James Howard […]
William Engdahl: The Global Planned Financial Tsunami Has Just Begun
Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank. The situation is no different today, as clearly the US Fed is acting with its interest rate weapon to crash what is the greatest speculative financial bubble […]
REAL GDP SAYS: “Get Real! Trust not the Fed, economists or the president. The REAL economy is collapsing all around you!”
As reported in my new Daily Doom news section, which I try to update twice daily, real GDP fell even further for a second quarter in a row. While we all know what that means, you can count on the Federal Reserve, the federal government and even economists regularly quoted in the mainstream financial media […]
An Apocalypse Upon Us: How much more can we take?
Trade wars, crashing stocks, bond blowouts, global recessions, rapidly plunging corporate earnings, the start of firings, a global energy crisis, collapsing cryptos, sliding housing markets, Covid, monkeypox, worldwide quarantines, government-mandated job terminations over forced experimental vaccines, soaring inflation, worldwide shortages, multinational involvement in a hot European-Russian war, sanctions, record heat waves, widespread, droughts, brownouts, blackouts, […]
S&P Confirms Inflation Killed the Stock Market and Has ALREADY Sent us into Recession
With the S&P diving deeper into bear territory today, it solidly confirmed its status as a bear. While it entered the bear’s woods on Monday by closing at 21.8% down, it shoved its nose deeper into the dirt today like a rooting bear will do to affirm its new identity. The short-lived bull market that […]
THE INFLATION MONSTER: It’s Much Worse than we Thought … but Wait until this Little Monster Grows Up!
We could all be on the cusp of the most deadly inflation the world has ever experienced, due to a unique setup of global forces that have the power to accelerate that into happening in a surprisingly short amount of time. I’m going to tell you how that could happen more quickly than anyone appears […]
The Real GDPig was a Whole Lot Uglier than it Looked!
That’s pretty ugly when you consider how ugly GDP looked at a growth rate (adjusted for inflation ) of -1.4%! Then that got kicked in the snout to -1.5%, but that’s not the half of how ugly it really was. What if it really was the first quarter of a covert recession? I am about […]
Thirteen Major Fails: a Quick Rundown of our Rundown Economy
During the Roaring Twenties would anyone have believed you if you told them about the depression and the dust-bowl years that were soon to come? Would they have believed their celebratory excesses during such a “strong economy” could possibly leave them collapsing into the dustbin of history that followed?
Why the Fed will fail to fight inflation until the recession beats it down
You cannot grow a turnip in a pile of dollar bills unless you let them rot first. Depending on the road the Fed takes, that could become the dollar’s highest value and the best the Fed can do to reduce food shortages. Whether the dollar decays depends, in good part, on whether the Fed chooses […]
How Bad Was the Stock Crash for April Fools?
Well that didn’t take long. When GDP on Thursday morning revealed we are, in fact, crashing into recession, and the market flew like a released bird into the heavens, I noted in my last article that the market’s lunacy was just what I expected from delusional investors. That was a relief rally from the earlier […]
US Economy Crashes Headlong into Recession!
Is it too extreme to say an annualized GDP growth number of minus 1.4% this quarter puts us in recession in this quarter, and is it too extreme to call that a “crash?” No, it is not in the least extreme, and I’ll tell you why, even though the standard definition of a recession is […]
